350 BOOTH Street

About this home

7.5% cap rate. ICONIC building located on a CORNER lot with existing commercial tenant (restaurant) that's been operating since 1995 in the ground floor unit. This can be a turnkey investment or for self-use owner-occupied as well. 3 apartments on the upper floor. Each unit is approximately 600-700 sq ft. 6 Parking spots on site. The restaurant seats 100 with 25 patio seats as well. Liquor licensed. The restaurant premise is approximately 2000 sq ft. Functional lower level being used as part of the restaurant for preparation, fridges, freezers, and storage. 2nd floor with 3 two-bedroom apartments, kitchen, living/dining area, and full bathroom. Each apartment pays their own hydro. Well-maintained building and turnkey investment. Roof replaced in 2023. Viewings are by appointment only through the listing agent. Please respect the restaurant business that's in operation. DO NOT APPROACH STAFF WITH QUESTIONS RELATED TO THE SALE. They will NOT answer.

Details

Type

Sale Of Business

Lot

53.51 × 74.62 ft

Garage

Other

Property tax

$20,000 (2025)

Neighbourhood

4205 - West Centre Town

Municipality

West Centre Town

Heating, cooling and services

Heating

Gas Forced Air Closed

Air conditioning

Partial

More

Possession

TBD

Cross street

Booth & Poplar

Business type

Restaurant